RVM Roseburg II Housing Corporation

Analysis

RVM Roseburg II Housing Corporation is a registered charity in United States, based in Medford, OR. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, RVM Roseburg II Housing Corporation reported income of $203k and spending of $237k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $175k to $203k (+16%), an average of +3.8% a year. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, RVM Roseburg II Housing Corporation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OR. Charities of a similar size with the same main cause include Mount Vernon Manor Annex ($203k), Special Force Ministries ($203k) and Boulder Presbyterian Housing Inc ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Other salaries and wages came to $45k. At year end it held assets of $1.1m against liabilities of $54k, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.